Cashflow Options for Health Centers with more than 500 employees During the Covid‐19 Crisis
Resource Topic: Finance, Emerging Issues, Operations
Resource Subtopic: Emergency Management, Development and Training, COVID-19.
Keywords: Infectious Diseases.
Year Developed: 2020
Resource Type: Publication
Primary Audience: C-Suite (CEOs, CFOs, CIO, COOs, CMOs, etc.),
Secondary Audience: Board of Directors
National Association of Community Health Centers
(See other resources developed by this organization).
Resource Summary: The document begins with a chart summarizing all the programs, and is followed by a full-page overview of each program.
Resource Details: As health centers play a crucial role in responding to the COVID-19 pandemic, many are encountering severe and unprecedented drops in short-term revenue, due to sharp decreases in routine visits as patients shelter in place, and the need to reduce or stop some services in order to divert PPE and other resource to COVID-19 efforts. As health centers’ cash reserves drop, many now face difficult decisions on how to meet payroll or other financial obligations. This document provides an overview of new programs that health centers – as well as PCAs, HCCNs, and NTTAPs1 - can tap to cover revenue shortfalls and to help their employees make ends meet during this time.